- Government of India has set a revenue target of Rs 36,000 crores for the current financial year.
- Along with this revenue target, GOI has also set performance-related targets, which are to be achieved during this fiscal year.
- The performance related targets set for current fiscal year, defined by GOI are Operating profit as a percentage of revenue from operation, Profit After Tax (PAT) as a percentage of average net worth and non-financial parameters related to Integrated Power Development Scheme (IPDS).
- The MoU agreement was signed by Sanjiv Nandan Sahai, Secretary of Power, GOI and R S Dhillion , CMD of PFC.
- Static Part:
- HQ of PFC: New Delhi
- CMD of PFC: R S Dhillion
- Minister of State (IC) of Power: Raj Kumar Singh
Question:
Q.1 Who among the following signed MoU with Ministry of Power to detail the targets to be achieved in fiscal year 2020-21?
a. Power Grid Corporation of India
b. Power Finance Corporation
c. NTPC Ltd
d. GAIL
a. Power Grid Corporation of India
b. Power Finance Corporation
c. NTPC Ltd
d. GAIL